The Malaysian Insider, 10 Feb 2009
SINGAPORE, Feb 10 – Property investment firm IP Global has said Singapore’s residential market is not worth a look until at least six months from now.
The Hong Kong-based company, which helps property investors buy in emerging and recovering markets, expects prices in Singapore to fall further and recommends waiting until these return to pre-rally levels.
Until then, it says, the market will remain unattractive to foreign investors.
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